▲ 1298 ▼ Please Stop (jlai.lu) submitted 2 years ago by ElCanut@jlai.lu to c/lemmyshitpost@lemmy.world 412 comments fedilink hide all child comments
[–] MentalEdge@sopuli.xyz 35 points 2 years ago* (2 children) While that is an inherent component of how proof-of-work cryptos work, and utterly stupid, it's not an inherent part of how to do blockchains. You can have a blockchain without consuming stupid amounts of energy. permalink fedilink source parent hideshow 4 child comments replies: [–] kameecoding@lemmy.world 26 points 2 years ago (1 child) Yeah it's called a database.... permalink fedilink source parent hideshow 2 child comments replies: [–] wise_pancake@lemmy.ca 4 points 2 years ago (1 child) There aren’t a lot of distributed databases with no single owner and all writes are signed. permalink fedilink source parent hideshow 2 child comments replies: [–] kameecoding@lemmy.world 12 points 2 years ago (2 children) Yeah, but not having an owner is actually a fucking terrible thing for a banking system, how do you not grasp this? permalink fedilink source parent hideshow 4 child comments replies: [–] Knock_Knock_Lemmy_In@lemmy.world -1 points 2 years ago (1 child) No owner is great for a banking system. It stops the owner printing money whenever they feel like it. permalink fedilink source parent hideshow 2 child comments replies: [–] kameecoding@lemmy.world 0 points 2 years ago Bruh permalink fedilink source parent [–] wise_pancake@lemmy.ca -4 points 2 years ago I do grasp it. I don’t really know what situation it makes sense for. It seems like a tool for cases where nobody can agree who should own the records of something so now everyone should. permalink fedilink source parent [–] Vilian@lemmy.ca -4 points 2 years ago exactly, you have others methods of proof-of-work permalink fedilink source parent
[–] kameecoding@lemmy.world 26 points 2 years ago (1 child) Yeah it's called a database.... permalink fedilink source parent hideshow 2 child comments replies: [–] wise_pancake@lemmy.ca 4 points 2 years ago (1 child) There aren’t a lot of distributed databases with no single owner and all writes are signed. permalink fedilink source parent hideshow 2 child comments replies: [–] kameecoding@lemmy.world 12 points 2 years ago (2 children) Yeah, but not having an owner is actually a fucking terrible thing for a banking system, how do you not grasp this? permalink fedilink source parent hideshow 4 child comments replies: [–] Knock_Knock_Lemmy_In@lemmy.world -1 points 2 years ago (1 child) No owner is great for a banking system. It stops the owner printing money whenever they feel like it. permalink fedilink source parent hideshow 2 child comments replies: [–] kameecoding@lemmy.world 0 points 2 years ago Bruh permalink fedilink source parent [–] wise_pancake@lemmy.ca -4 points 2 years ago I do grasp it. I don’t really know what situation it makes sense for. It seems like a tool for cases where nobody can agree who should own the records of something so now everyone should. permalink fedilink source parent
[–] wise_pancake@lemmy.ca 4 points 2 years ago (1 child) There aren’t a lot of distributed databases with no single owner and all writes are signed. permalink fedilink source parent hideshow 2 child comments replies: [–] kameecoding@lemmy.world 12 points 2 years ago (2 children) Yeah, but not having an owner is actually a fucking terrible thing for a banking system, how do you not grasp this? permalink fedilink source parent hideshow 4 child comments replies: [–] Knock_Knock_Lemmy_In@lemmy.world -1 points 2 years ago (1 child) No owner is great for a banking system. It stops the owner printing money whenever they feel like it. permalink fedilink source parent hideshow 2 child comments replies: [–] kameecoding@lemmy.world 0 points 2 years ago Bruh permalink fedilink source parent [–] wise_pancake@lemmy.ca -4 points 2 years ago I do grasp it. I don’t really know what situation it makes sense for. It seems like a tool for cases where nobody can agree who should own the records of something so now everyone should. permalink fedilink source parent
[–] kameecoding@lemmy.world 12 points 2 years ago (2 children) Yeah, but not having an owner is actually a fucking terrible thing for a banking system, how do you not grasp this? permalink fedilink source parent hideshow 4 child comments replies: [–] Knock_Knock_Lemmy_In@lemmy.world -1 points 2 years ago (1 child) No owner is great for a banking system. It stops the owner printing money whenever they feel like it. permalink fedilink source parent hideshow 2 child comments replies: [–] kameecoding@lemmy.world 0 points 2 years ago Bruh permalink fedilink source parent [–] wise_pancake@lemmy.ca -4 points 2 years ago I do grasp it. I don’t really know what situation it makes sense for. It seems like a tool for cases where nobody can agree who should own the records of something so now everyone should. permalink fedilink source parent
[–] Knock_Knock_Lemmy_In@lemmy.world -1 points 2 years ago (1 child) No owner is great for a banking system. It stops the owner printing money whenever they feel like it. permalink fedilink source parent hideshow 2 child comments replies: [–] kameecoding@lemmy.world 0 points 2 years ago Bruh permalink fedilink source parent
[–] wise_pancake@lemmy.ca -4 points 2 years ago I do grasp it. I don’t really know what situation it makes sense for. It seems like a tool for cases where nobody can agree who should own the records of something so now everyone should. permalink fedilink source parent
[–] Vilian@lemmy.ca -4 points 2 years ago exactly, you have others methods of proof-of-work permalink fedilink source parent
